4NEW is the world’s first eco-friendly, tangible, waste to energy power plant entirely integrated on the blockchain network and dedicated to crypto-mining. We collect the waste, process it through a high pressured combustion chamber generating free energy and organic byproducts. We apply this free energy to an onsite crypto-mining farm resolving the achilles heel of cryptocurrencies; voracious energy consumption met with free energy production.
Each of our plants take in 50,000-100,000 tonnes of waste annually, processing it in an environmentally-friendly method, in order to create electricity. Gate fees offset the operational costs of the plants, allowing for free electricity production. The electricity we produce is constant, year round, and is scalable to any location with human activity. Electricity is either sold to the national grid or applied to operate mining processes at the onsite mining farm. 4NEW is the world’s first eco-friendly blockchain ecosytem powered by waste to energy power plants. 4New’s ecosystem will provide a blockchain platform that will enable decentralized, peer to peer transactions whereby production of energy can directly meet the consumption of energy globally.